Oil popping higher as Kuwait reports missile and drone attacks

Announcement from the coutnry’s military:

• Kuwaiti air defenses are responding to Iranian missile and drone attacks
• any explosions heard the result of air defense systems intercepting hostile targets

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This’ll test the more bearish oil news we’ve had:

• CNN report US military escorts 40 tankers with 18 million barrels through Hormuz

This article was written by Eamonn Sheridan at investinglive.com.